Remove Auto Remove Auto Industry Remove Chinese Remove Europe
article thumbnail

Italy exploring partnership with Tesla, Chinese carmakers to bolster domestic auto industry: report

Teslarati

million vehicles, Italy has reportedly initiated discussions with a number of potential partners, such as Tesla and Chinese carmakers. The negotiations were mentioned by Industry Minister Adolfo Urso on Wednesday. Apart from Tesla, the minister stated that the government is also in talks with three Chinese automakers.

Italy 127
article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. auto sector,” the organization writes. BYD last year sold 1.57

article thumbnail

BYD Europe aims to beat Tesla & big EU automakers

Teslarati

BYD Europe aims to beat Tesla and other prominent EU automakers, like Volkswagen and Stellantis. BYD Europe wants to triple its market in the region by 2025. The Chinese automaker plans to use an aggressive marketing strategy to accomplish its goal. Chinese EVs, like those made by BYD, are often more technologically advanced.

BYD 96
article thumbnail

Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” In 2023, around 35% of electric vehicles exported worldwide were Chinese. “As Buoyed by its huge domestic market (8.5

China 117
article thumbnail

Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

Chinese 52
article thumbnail

Chinese language EV makers pin hopes on Europe’s auto sellers

Baua Electric

since 2009, bought greater than 100,000 automobiles in Europe closing generation and says it recently has greater than 800 distribution issues at native automotive sellers throughout Europe and the United Kingdom. Europe has obvious its justifiable share of unutilized entrants looking to win over consumers.

Chinese 52
article thumbnail

Biden rumored to announce quadrupling of tariffs on Chinese EVs, up to 100%

Baua Electric

The US government is reportedly set to announce wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%. Photo is licensed under CC-CC0 1.0

Chinese 52